Friday, August 28, 2009

Dell's numbers show PC industry staggering back - washingtonpost.com

SAN FRANCISCO -- Dell Inc.'s second-quarter results reinforce what other tech heavyweights have shown recently about the health of the personal-computer industry: it's still wounded by the recession, but is staggering back to its feet, thanks to consumers, bargain prices and little "netbook" laptops for surfing the Internet.

The Round Rock, Texas-based company reported Thursday that profit fell 23 percent and sales fell 22 percent in the May-July period. The results beat Wall Street's forecasts, however, sending the shares up more than 6 percent...